Canadian Imperial Bank of Commerce (CM) to Post Earnings on Thursday

Canadian Imperial Bank of Commerce (NYSE:CMGet Free Report) (TSE:CM) is expected to issue its Q3 2026 results before the market opens on Thursday, August 27th. Analysts expect Canadian Imperial Bank of Commerce to announce earnings of $1.80 per share and revenue of $5.7448 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, August 27, 2026 at 7:30 AM ET.

Canadian Imperial Bank of Commerce (NYSE:CMGet Free Report) (TSE:CM) last issued its earnings results on Thursday, May 28th. The bank reported $1.86 EPS for the quarter, topping the consensus estimate of $1.78 by $0.08. Canadian Imperial Bank of Commerce had a return on equity of 16.31% and a net margin of 15.84%.The company had revenue of $5.89 billion during the quarter, compared to analyst estimates of $5.86 billion. During the same quarter last year, the firm earned $2.05 EPS. The business’s revenue was up 14.0% on a year-over-year basis. On average, analysts expect Canadian Imperial Bank of Commerce to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Canadian Imperial Bank of Commerce Price Performance

Shares of NYSE CM opened at $118.44 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $108.11 billion, a price-to-earnings ratio of 16.27, a price-to-earnings-growth ratio of 1.20 and a beta of 1.01. Canadian Imperial Bank of Commerce has a twelve month low of $72.61 and a twelve month high of $124.86. The business has a 50 day simple moving average of $117.24 and a 200-day simple moving average of $108.67.

Hedge Funds Weigh In On Canadian Imperial Bank of Commerce

Hedge funds and other institutional investors have recently modified their holdings of the company. Mackenzie Financial Corp increased its holdings in shares of Canadian Imperial Bank of Commerce by 69.3% in the 4th quarter. Mackenzie Financial Corp now owns 10,800,606 shares of the bank’s stock worth $986,173,000 after acquiring an additional 4,419,968 shares during the period. FIL Ltd increased its stake in shares of Canadian Imperial Bank of Commerce by 26.1% in the fourth quarter. FIL Ltd now owns 12,756,323 shares of the bank’s stock valued at $1,156,438,000 after purchasing an additional 2,643,495 shares during the period. The Manufacturers Life Insurance Company raised its holdings in shares of Canadian Imperial Bank of Commerce by 24.0% during the fourth quarter. The Manufacturers Life Insurance Company now owns 8,897,236 shares of the bank’s stock valued at $808,281,000 after buying an additional 1,720,220 shares during the last quarter. Morgan Stanley boosted its position in shares of Canadian Imperial Bank of Commerce by 39.5% during the fourth quarter. Morgan Stanley now owns 4,988,745 shares of the bank’s stock worth $452,030,000 after buying an additional 1,412,363 shares during the period. Finally, BCV Asset Management Inc. acquired a new position in shares of Canadian Imperial Bank of Commerce during the fourth quarter worth approximately $76,784,000. Institutional investors and hedge funds own 49.88% of the company’s stock.

Wall Street Analyst Weigh In

CM has been the subject of several recent research reports. Barclays reiterated an “overweight” rating on shares of Canadian Imperial Bank of Commerce in a research note on Friday. Scotiabank restated an “outperform” rating on shares of Canadian Imperial Bank of Commerce in a research report on Tuesday, June 16th. Weiss Ratings raised shares of Canadian Imperial Bank of Commerce from a “buy (b)” rating to a “buy (b+)” rating in a report on Friday, July 31st. Raymond James Financial reaffirmed a “market perform” rating on shares of Canadian Imperial Bank of Commerce in a research report on Tuesday, May 12th. Finally, Royal Bank Of Canada increased their price objective on shares of Canadian Imperial Bank of Commerce from $147.00 to $167.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Canadian Imperial Bank of Commerce presently has a consensus rating of “Moderate Buy” and an average price target of $167.00.

View Our Latest Stock Analysis on Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce Company Profile

(Get Free Report)

Canadian Imperial Bank of Commerce (NYSE: CM), commonly known as CIBC, is a major Canadian financial institution headquartered in Toronto. Formed in 1961 through the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada, CIBC is one of Canada’s largest banks and provides a broad range of banking and financial services to retail, small business, commercial and institutional clients.

CIBC’s activities span personal and business banking, wealth management, capital markets and corporate banking.

See Also

Earnings History for Canadian Imperial Bank of Commerce (NYSE:CM)

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